Strong bearish pressure on the weekly suggests a down trend will follow. Resistance on the 4 hour lies on the 0.6 fib level whilst already showing rejection. Down trend likely to follow.
Bearish engulfing candles in a rising wedge suggests a breakout in price downwards on the hourly.
Major level on the daily had been hit. A double bottom with convergence suggests that the resistance turned support will cause a bounce up.
Previous divergence on the daily and an ascending channel suggests that price will fall however until the trend line is broken and there is confirmation, we cannot be sure.
Divergence in an ascending channel, drop soon to come.
Buy above 107.2. Continuation of the trend is highly likely after short period of consolidation.
Price broke out of a trend line on the weekly suggesting a continuation of the uptrend. Red zones are fib levels I believe the market will reach after, or possibly during the consolidation.
Head and shoulders at a key area suggests a trend reversal is in motion. The right shoulder also adheres to the 0.618 fib level suggesting that a downtrend has started, hence the target on the continuation.
Descending triangle in to support. Fib levels give me my entry and target.
A close below the wick of the swing low would suggest a breakout downwards may follow.
Rising wedge forming near key level with divergence on the MACD. 5:1 Risk/Reward.
Price hit a key area, broke trend and formed a double top. The red candle afterwards adds some confirmation.
Might be a double bottom on the hourly, but then price will rise.
Breaks out of wedge and pulls back to form a double bottom at an area of previous resistance.
Breaks trend at key level of previous resistance and then rejects the trend once again.